Chinese money drying up

Luxury homes geared toward Chinese buyers taking up to half a year to unload. It used to be only cash buyers from China getting loose rules to gettheir money out of China. At the same time, high-end home seekers who plan to take out loans now have a better chance as...

Spring will be hot

Spring Housing Already Overheating- The spring housing market started early this year because of hotter-than-average demand and overheating home prices. “This spring housing market is shaping up to be another doozy for homebuyers,” said Ralph McLaughlin,...

Socal Home Prices post gains

Southern California home prices reached the highest level in Dec. in more than nine years. A better economy and a shortage of homes for sale combined to jump prices up 6.8% from a year earlier, real estate data firm CoreLogic said Tuesday. Decembers median price of...

Brexit will have repercusions

Brexit will influence your life.         1. Interest rates have dropped again. Why? In crisis times, people flock to our treasury bonds for safety. The higher the price goes, the lower the yield. We are the safest place in the world (for now). So...